In January-July, Ukraine’s gross domestic product (GDP) grew by 2.1% YoY, according to data provided by the Ministry of Economy.
The consolidated index of production grew by 1.3% (against a 1% increase in January-June 2021 and a 6.6% decline in January-June 2020).
Ukraine’s GDP rose by 2.1% in January-July, compared with a 1.7% growth in the first six months of 2021 and a 6.1% decline in January-July 2020.
According to the ministry, the main contribution to such a dynamics was made by industry (both from favorable conditions in foreign commodity markets and continued recovery in demand from key product users) and agricultural sector, where production growth resumed due to high yields of almost all crops.
At the same time, “the construction industry fell short of expectations”, where the dynamics did not change compared to last year. (Ukrinform/Business World Magazine)